James Cochran, head chef at 12:51 on where to eat in London July 21, 2022 James Cochran started his career at Wheelers Oyster Bar in Whitstable. Upon moving to London, he honed his talents in several Michelin-starred restaurants including The Ledbury and The Harwood Arms. He went on to run the kitchen at James Cochran EC3 before launching his first restaurant, 12:51, in 2018. He recently opened Valderrama’s bar in [...]
Franco Manca owner’s revenue soars over 100 per cent with post-lockdown demand July 21, 2022 Revenue at Fulham Shore, which owns Franco Manca and The Real Greek, has soared more than 100 per cent in the post-lockdown march back to restaurant dining. The London-listed hospitality giant mas made an operating profit of £6.7m in the year to 27 March, swinging from a £4.8m loss in 2021. Fulham Shore has unveiled [...]
Restaurateurs grapple with food costs as dairy prices spike July 20, 2022 Restaurateurs are being forced to fork out more and more to create Brits’ favourite dishes, with the sharpest price hikes among dairy, grains and meat. Dairy costs have surged the most, with increases of up to 40 per cent, according to data from around one thousand pubs and restaurants collected by Fourth. Grains, including pasta [...]
Heatwave: Brits shun high street as businesses close to protect staff from scorching temperatures July 18, 2022 Brits have shunned the high street today as temperatures are expected to hit 40 degrees on Monday, while some businesses in London have closed. Office workers have shunned their workplace air-con and opted to avoid sweltering public transport, Springboard’s footfall figures reveal. Springboard’s ‘back to the office’ benchmark for central London office hubs shows that [...]
Chelsea Creek is a rare opportunity to buy a designer new build near King’s Road July 17, 2022 Designed by Goddard Littlefair, this show-home at Chelsea Creek is a slice of country life Home to one of the only new canals built in London in the last 100 years, Chelsea Creek is the waterfront living quarter that’s a stone’s throw away from the King’s Road in Chelsea. The apartments are relatively affordably priced [...]
London energy startup Dare poaches former Monarch and Betfred finance whizz Barry Nightingale July 14, 2022 London-based energy tech company Dare revealed to City A.M. it has recruited Barry Nightingale as its new Chief Financial Officer, in what is said to be a major hire as the fundraising expert gained worked for a range of large UK firms. Nightingale previously held positions, including Chief Financial Officer and Finance Director, at Wejo, The Restaurant Group, [...]
Just Eat offers restaurants bikes, loans and cashback as they falter amid historic inflation July 14, 2022 Just Eat has unveiled a £1m support package with financial support for its independent restaurant partners as they struggle amid inflationary pressures. Small, independent firms in the UK will be able to access the support package, which includes marketing and financial support – that does not need to be re-paid. Businesses have been struggling in [...]
Women’s Euro 2022: Brits to spend £175m on food and beer when Lionesses play N. Ireland on Friday July 12, 2022 Following the Lionesses’ historic 8-0 victory against Norway, Brits are catching football fever and are likely to spend almost £175m when England play Northern Ireland on Friday. Supporters will soak up the atmosphere of the Women’s Euro 2022 with 4.7m expected to tune in, with England already through to the quarter finals and N. Ireland, [...]
Wagamama owner acquires Mexican restaurant brand Barburrito in £7m swoop July 12, 2022 The owner of Wagamama restaurants has acquired Mexican fast-casual restaurant brand Barburrito for £7m. Announcing the takeover on Tuesday morning, the Restaurant Group said the purchase represented a next 12 months run-rate EBITDA multiple of 4.4x. The London-listed group said Barburrito’s offering was “well aligned with key consumer trends including healthy eating, convenience, customisable cuisine,” [...]
Why a cruise to the Norwegian Fjords is a journey through time July 11, 2022 At heart, I am a Victorian explorer. A century-and-a-bit late, I often find myself seeking out the new frontiers of my spirit era, so a week-long cruise from Amsterdam to the Norwegian fjords onboard Holland America Line’s new flagship, Rotterdam, is just the ticket. Gliding serenely between steep cathedrals of towering rock to the soundtrack [...]